As other forum members already pointed out, if that happened, it is likely that Bitcoin would end up in some kind of centralized exchange or centralized service, from where they could recover their lost funds with the help of authorities. As you know, blockchain transactions are irreversible, and they cannot be recovered once you send them and get blockchain confirmations.

When people tell their story to others, they should tell the whole story. This is not the first time we hearing incomplete stories. These stories makes people confused just like how you were confused.